Zhipu leads rally in Chinese AI stocks, surging 30%, as a wave of new releases hits market

Group 1 - Chinese artificial intelligence stocks experienced a rally, with several companies unveiling upgraded models and policymakers advocating for broader technology adoption [1][3] - Zhipu AI, trading as Knowledge Atlas Technology, saw a 30% surge in shares after launching its GLM-5 open-source large-language model, which boasts enhanced coding capabilities [1][2] - MiniMax's shares jumped 11% following the launch of its M2.5 open-source model, designed for Max coding and agentic workflows [2] Group 2 - The Shanghai STAR AI Industry Index increased by 1.7% before reducing its gains, reflecting the overall positive sentiment in the AI sector [2] - DeepSeek upgraded its flagship AI model, adding support for a larger context window and more current knowledge, indicating ongoing competition among Chinese developers [3] - Ant Group released its open-source AI model, Ming-Flash-Omni 2.0, which can generate speech, music, sound effects, and visuals, showcasing advancements in multimodal AI capabilities [4] Group 3 - Chinese Premier Li Qiang emphasized the need for a comprehensive push to implement AI across diverse scenarios to unlock its potential [4]